Tagetik, the provider of performance management and financial reporting applications is to begin operations in Brazil working with Twice Software a consulting company specializing in corporate performance management, business intelligence, data warehousing, data integration and master data management, as its local partner.
Antonio Rihl who is heading the new operation based in Sao Paulo said, “Brazil is a unique market. It’s huge in potential and full of contrasts, offering profitable growth and big risk factors and that’s the sweet spot for business performance management solutions, especially for budgeting, planning and forecasting.”
“In a fast changing economic scenario, the competitive advantage will come from the ability to manage business performance effectively and efficiently, being able to plan and control costs and cash flow, understand profitability and quickly adhere to financial reporting standards as well as new regulatory reporting requirements of a global economy,” he added.
Roberto Marques, Managing Director at Twice Software said “We are very excited and committed in sharing Tagetik’s vision and simplifying complex business processes for future Brazilian customers. We firmly believe that Tagetik 3.0 is a powerful and robust software solution that delivers full scalability and extensive functionalities in all Performance Management and Financial Governance areas.”
Manuel Vellutini, EVP Chief Operating Officer at Tagetik said, “The opening of Tagetik Brazil and the partnership with a system integrator like Twice Software are a huge opportunity to capitalize in order to support our global expansion and start gaining attention in international markets such as Latin America, other than Western Europe and the U.S.”
